Yeah, the price drop was because of me selling my whole position (at a small loss). For you, it would have been a larger loss.
I was planning on buying again if things turned out positive again, but I ended up being lucky by being able to do it risk-free as the market had not yet responded to the arrest news.
Guess we should take advantage of this kind of inefficiencies. It'll get much harder to do it in the future if the platform becomes big.
I also thought at some point to try to manipulate the sentiment by posting it would be very unlikely he would get arrested so that I could buy in at a lower entry point, but decided against it. Ethics or ignorance about the specifics, who knows ;)
Following investigators' failed arrest attempt on 3 Jan, Yoon's security service fortified his compound using barbed wire and buses as barricades.
But investigators and police showed up this morning with the tools to overcome these obstacles: wire cutters and ladders.
They bypassed the parked buses by climbing over them, and cut through barbed wire.
While dozens of ruling party lawmakers formed a human wall in front of the compound to block investigators from reaching Yoon, some managed to get access to the presidential residence through a nearby hiking trail, local media reported.